SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
5
#000000
#FFFFFF
Looking Back at 2014: Year of Stocking Stuffers for Criminal Corporations
2014 was the year that nine-figure government settlement deals with corporations passed from shocking anomaly to normal event, and many of these mega deals came with significant tax deductions for wrongdoing.
Many of the largest settlements this year, addressing allegations of some of the most egregious crimes, have allowed companies to deduct their payments from taxes.
For example, the record-breaking $16.65 billion settlement between the Department of Justice and Bank of America in reality will cost the corporation several billions less than the amount advertised in headlines and press releases. The value of this unadvertised giveback: at least $4 billion.
"When these payments get deducted from taxes, they become just another business expense rather than an explicit punishment," said Michelle Surka, Program Associate with US Public Interest Research Group. "That's the wrong message to send about an agreement that's meant to deter future misdeeds against the public."
Allowing corporations to claim tax deductions for the settlement payments they make became a notable trend this year, with some of the largest agreements coming with sizable deductions.
The Department of Justice collected a record $25 billion in penalties and fines this year. Many of these out-of-court deals to resolve charges of corporate misdeeds were with Wall Street banks atoning for bad behaviors that precipitated the financial meltdown. Others were pharmaceutical companies accused of false marketing or other medical firms accused of bilking Medicare.
Extendicare, Endo Health Solutions, and Shire Pharmaceuticals were some of the healthcare companies that settled and ultimately deducted payments made to resolve allegations of wrongdoing. Goldman Sachs, Bank of America, and HSBC are some of the Wall Street players to sign tax deductible settlement agreements in the past year.
Every dollar in tax windfalls that companies collect to subsidize their wrongdoing must be made up for by American taxpayers through higher tax rates, program cuts, or more national debt.
Settlement agreements don't have to be tax deductible. This past year, several government agencies included specific clauses in their settlement agreements with corporations accused of wrongdoing that denied tax deductions for the payments.
The Environmental Protection Agency settled with both Hyundai and Kia over allegations of misleading consumers about fuel economy ratings. The two car companies paid a total of $100 million in penalties, making this settlement the largest of its kind. The EPA specified that any penalties associated with the settlement could not be deducted for tax purposes. By being completely explicit about this, the EPA saved American taxpayers at least $35 million.
"In 2015, government agencies shouldn't just sign more settlement agreements--they should sign more effective ones. Agencies should protect taxpayers while preventing future corporate crimes," said Surka, "Instead of just big numbers, we should aim for big results that protect the public."
You can read U.S. PIRG's report on tax write-offs in settlements here: "Subsidizing Bad Behavior: How Corporate Legal Settlements for Harming the Public Become Lucrative Tax Write-Offs."
U.S. PIRG, the federation of state Public Interest Research Groups (PIRGs), stands up to powerful special interests on behalf of the American public, working to win concrete results for our health and our well-being. With a strong network of researchers, advocates, organizers and students in state capitols across the country, we take on the special interests on issues, such as product safety,political corruption, prescription drugs and voting rights,where these interests stand in the way of reform and progress.
LATEST NEWS
Advocates Demand Repeal of Israeli Death Penalty Law Explicitly Targeting Palestinians
"There is nothing legal about an occupying power using the death penalty exclusively for the people it occupies," said one historian.
Mar 30, 2026
Leading international human rights groups as well as organizations in Israel swiftly demanded the repeal of a law passed by the Israeli Knesset on Monday that makes death by hanging the default punishment for Palestinians convicted of deadly attacks on Israelis—a law that one group called "discriminatory by design."
Those were the words of the Association of Civil Rights in Israel, which petitioned the country's Supreme Court minutes after lawmakers passed an amendment to the federal penal law, "Death Penalty for Terrorists," in a vote of 62-48.
The group called on the high court to challenge the new law and said the far-right government had passed it "without legal authority" over Palestinians in the West Bank, which Prime Minister Benjamin Netanyahu's government aimed to illegally annex to Israel.
The Association of Civil Rights was joined by groups including Amnesty International, which has spoken out forcefully against the legislation in recent months, in demanding the death penalty law be repealed.
Amnesty said that under the new policy, Israel—which has vehemently rejected accusations of imposing apartheid policies on Palestinians—"explicitly creates two legal frameworks for the use of the death penalty in the occupied West Bank... and in Israel."
The law also does not allow for any pardons for those sentenced to death, making it "one of the world’s most extreme death penalty laws," said Amnesty.
The new law demands that Palestinians be put to death by hanging if convicted of nationalistic killings in a military court, and gives Israeli courts the option of sentencing Israeli citizens to capital punishment if they're convicted of similar crimes.
But Amichai Cohen, a senior fellow at the Israel Democracy Institute’s Center for Democratic Values and Institutions, told The Associated Press that only Palestinians will ultimately be killed under the law.
“It will apply in Israeli courts, but only to terrorist activities that are motivated by the wish to undermine the existence of Israel," Cohen told the AP. "That means Jews will not be indicted under this law."
Erika Guevara-Rosas, Amnesty International’s senior director of research, advocacy, policy, and campaigns, noted that Israeli military courts "have a conviction rate of over 99% for Palestinian defendants and... are notorious for disregarding due process and fair trial safeguards."
"Israel is brazenly granting itself carte blanche to execute Palestinians while stripping away the most basic fair-trial safeguards,” said Guevara-Rosas.
She added that the law was passed weeks after the Israeli military attorney general dropped all charges against five Israel Defense Forces soldiers accused of raping a Palestinian prisoner—"a decision celebrated by the prime minister and several ministers."
“It speaks volumes to the extent of Israel’s dehumanization of Palestinians that this law has passed" after those charges were dropped, said Guevara-Rosas. "For years, we have seen an alarming pattern of apparent extrajudicial executions and other unlawful killings of Palestinians—with the perpetrators also enjoying near-total impunity. This new law which allows for state-sanctioned executions is a culmination of such policies.”
Celebrations were seen among Netanyahu's top ministers once again on Monday, with National Security Minister Itamar Ben-Gvir—whose Otzma Yehudit Party initially introduced the amendment—seen clutching a bottle of champagne after the passage was announced.
Historian Assal Rad noted that much of the international coverage of the bill's passage has used "procedural language to sanitize the story and make it sound legitimate."
The law, however, "is just another way for Israel to kill Palestinians," she said.
The Euro-Mediterranean Human Rights Monitor warned that "the most dangerous aspect of the new law lies in its application within a judicial system that lacks any guarantees of a fair trial for Palestinians."
"Confessions are often obtained under duress, access to effective legal representation is severely limited, the presumption of innocence is routinely ignored, and there are major restrictions on appeals or access to documents essential for the defense," said the group.
"Combined with a lack of judicial independence and integrity in proceedings, applying the death penalty in this context cannot be considered a legitimate judicial measure," the organization added. "Instead, it constitutes an arbitrary deprivation of life, in direct violation of fundamental principles of international human rights law."
Keep ReadingShow Less
Coalition Sues Trump EPA for Torching Air Pollution Standards
"The repeal of these protections will mean more asthma attacks, emergency room visits, and premature deaths," said more than two dozen environmental and health groups.
Mar 30, 2026
A coalition of more than two dozen environmental and health groups sued the Trump administration on Monday for repealing Environmental Protection Agency rules that curbed dangerous chemical pollution from coal-fired power plants.
As part of President Donald Trump's efforts to dramatically expand the use of coal, the EPA last month finalized the repeal of the 2024 Mercury and Air Toxics Standards (MATS), which tightened existing restrictions on the emission of mercury, lead, and other brain-damaging chemicals from power plants.
Coal emits more planet-heating carbon dioxide per unit than any other fossil fuel. Coal plants also release a slew of other chemicals that can cause numerous health complications, including asthma, lung cancer, and respiratory infections.
The EPA says coal-fired power plants are also the single largest source of airborne mercury emissions, which can impair cognitive development, especially in young children.
MATS was created in 2012 to counter these effects and proved quite successful. Within six years of its enactment by the EPA, the amount of toxic mercury being emitted into the atmosphere from energy plants had declined by 90%, according to an agency report.
The Trump EPA has not repealed MATS entirely. Instead, it has targeted amendments enacted by the Biden administration in 2024 that lowered caps on mercury emissions, as well as on other toxic chemicals such as nickel and arsenic.
The EPA has also repealed rules requiring constant monitoring of toxic chemical emissions. Instead of installing expensive systems to track their outputs 24/7, plants can revert to conducting occasional checks.
The repeal came after the administration had already given dozens of coal plants a two-year exemption from the standards last April, even though, according to the agency, 93% were already on track to meet the requirements.
According to an analysis of EPA data by the Natural Resources Defense Council (NRDC) last month, sulfur dioxide pollution from coal plants increased by 18% last year, with those exempt from the rules surging almost twice as much as those not exempt.
The lawsuit, filed in the US Court of Appeals for the District of Columbia, argues that the Trump administration's actions violate the Clean Air Act, ignore the scientific record, and endanger communities living near power plants.
The suit is backed by groups including the NRDC, the Sierra Club, and the Environmental Defense Fund, as well as the American Academy of Pediatrics and the American Lung Association.
"The repeal of these protections will mean more asthma attacks, emergency room visits, and premature deaths," the groups said in a statement challenging the repeal. "This administration is not just rolling back rules, it is eliminating the monitoring infrastructure needed to know what is coming out of these smokestacks in the first place."
"It is allowing coal plants to spew out more neurotoxic mercury into our air and food supply, while simultaneously keeping the communities most at risk in the dark about how serious that threat is," they said. "This is a betrayal of the EPA’s core mission.”
Keep ReadingShow Less
Israel Admits It ‘Photoshopped’ Image to Portray Assassinated Lebanese Journalist as Hezbollah Operative
The Committee to Protect Journalists regional director called the killing part of “a disturbing pattern” of “Israel accusing journalists of being active combatants and terrorists without providing credible evidence.”
Mar 30, 2026
An Israel Defense Forces spokesperson has admitted that the military posted a "photoshopped" image of a Lebanese journalist killed in an airstrike in order to portray him as a Hezbollah operative.
On Saturday, three journalists—Ali Shuaib, a veteran correspondent for Al-Manar TV; Fatima Ftouni of the Al Mayadeen channel; and her brother, cameraman Mohammad Ftouni—were killed when four precision missiles hit their car on the Jezzine Road in Southern Lebanon. Several other reporters were injured in the attack.
According to Al Jazeera, the vehicle was clearly marked "press."
In the following hours, the IDF's official social media account posted that it had "ELIMINATED" Shuaib in the attack.
"For years, Ali Hassan Shuaib operated as a Hezbollah Radwan Force terrorist under the guise of a journalist," the post read. "Turns out the 'press vest' was just a cover for terror."
The post, which has more than 2.1 million views on X as of Monday, featured a split image showing Shuaib in a press outfit on one side and in a Hezbollah military uniform on the other.
But according to Fox News' chief foreign correspondent, Trey Yingst, the network later asked the IDF about the photo's source. They were told: "Unfortunately, there isn't really a picture of it. It was photoshopped."
On Monday, Israel issued another statement claiming that Mohammad Ftouni was "an additional terrorist in Hezbollah's military wing, who also operated under the guise of a journalist."
But when asked for evidence to confirm this by the Agence France-Presse, it provided none, with a spokesperson saying, "What we have is what we can state."
Committee to Protect Journalists (CPJ) regional director Sara Qudah called the killings part of "a disturbing pattern in this war and in the decades prior [of] Israel accusing journalists of being active combatants and terrorists without providing credible evidence."
Israel accused Shuaib of "consistently working to expose the locations of IDF troops operating in southern Lebanon and along the border, and maintain[ing] continuous contact with other terrorists in the Radwan Force unit in particular, and within the terror organization in general.”
American journalist Ryan Grim, the co-founder of Drop Site News, said: "The Israeli statement itself says that his 'crime' was reporting on troop locations and communicating with sources in Hezbollah. That is called war reporting."
According to a report last month by CPJ, a record 129 journalists were killed in 2025, and Israel was responsible for two-thirds of the worldwide total.
The vast majority of those killed have been Palestinian journalists in Gaza—at least 261 of whom have been killed since October 7, 2023—according to a running tally by the International Federation of Journalists. At least 11 journalists have also been killed in Lebanon since 2023.
In addition to Shuaib and the Ftounis, two others have been killed since Israel's latest onslaught in Lebanon after Hezbollah retaliated against US-Israeli attacks on Iran. Israeli attacks have also resulted in the deaths of photojournalist Hussain Hamood and journalist Mohammed Sherri this month.
An investigation last year by +972 and the Israeli outlet Local Call revealed that the IDF has an informal unit known as the "Legitimization Cell,” which seeks to find tenuous links between journalists and militant groups to justify assassinating them.
As one source explained, the cell's members seek out reporters they believe are “smearing [Israel’s] name in front of the world" by reporting evidence of the country's conduct.
While Al-Manar is the official news outlet for Hezbollah and Al Mayadeen is considered to be closely tied with the militia, Qudah noted that under international law, "journalists are not legitimate targets, regardless of the outlet they work for.”
In less than a month, Israeli attacks in Lebanon have killed more than 1,100 people, including at least 121 children, according to the Lebanese Health Ministry.
Many pieces of civilian infrastructure—including hospitals, schools, and residential buildings—have been attacked, and Israel has issued forced evacuation orders that have led more than 1 million people to be displaced from their homes.
On the same day that the three journalists were attacked, the World Health Organization reported that nine paramedics were killed across southern Lebanon in a series of attacks on healthcare infrastructure.
Lebanese President Joseph Aoun said that by attacking civilian workers carrying out their professional duties, Israel has violated “the most basic rules of international law."
He called it “a blatant crime that violates all norms and treaties under which journalists are granted international protection during armed conflicts."
Keep ReadingShow Less
Most Popular